Belize vs Latin America & Caribbean: Taxes on international trade
Taxes on international trade over time
- Belize
- Latin America & Caribbean
How they compare
Belize currently reports 14.2% against 3.6% in Latin America & Caribbean, a difference of 10.6%.
That makes Belize's figure about 4.0 times Latin America & Caribbean's.
Across all 20 years both countries report, Belize has been ahead every year.
Belize ranks 23rd and Latin America & Caribbean ranks 22nd of 154 countries.
Belize has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belize | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.6% | 7.4% | 23.2% | Belize |
| 2000s | 30.4% | 5.4% | 25.0% | Belize |
| 2010s | 20.8% | 4.2% | 16.6% | Belize |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Belize or Latin America & Caribbean?
- Belize, at 14.2% against 3.6% in Latin America & Caribbean as of 2017.
- What is the difference in taxes on international trade between Belize and Latin America & Caribbean?
- 10.6%, with Belize ahead.
- How many years of comparable data are there for Belize and Latin America & Caribbean?
- 20 years are reported by both, from 1998 to 2017.
- How do Belize and Latin America & Caribbean rank globally for taxes on international trade?
- Belize ranks 23rd and Latin America & Caribbean ranks 22nd of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.